Yield Microelectronics Third Quarter 2024 Earnings: Beats Expectations

Simply Wall St

November 11, 2024

Yield Microelectronics (TWSE:6423) Third Quarter 2024 Results

Key Financial Results

Revenue: NT$70.7m (up 20% from 3Q 2023).
Net income: NT$15.4m (down 8.5% from 3Q 2023).
Profit margin: 22% (down from 28% in 3Q 2023). The decrease in margin was driven by higher expenses.
EPS: NT$0.52 (down from NT$0.63 in 3Q 2023).

earnings-and-revenue-growth — TWSE:6423 Earnings and Revenue Growth November 11th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Yield Microelectronics Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 5.5%. Earnings per share (EPS) also surpassed analyst estimates by 49%.

Looking ahead, revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Semiconductor industry in Taiwan.

Performance of the Taiwanese Semiconductor industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Yield Microelectronics that we have uncovered.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.